515 E GROVE ST
MIDLAND, MI 48640
$325,000
5 Beds
4 Baths
2,796 Sq Ft
Status Pending
MLS# 50140991
Average monthly revenue of $4,035. Welcome to your next investment venture! This meticulously maintained four-unit property is a golden opportunity for savvy investors. With all units currently occupied, you'll enjoy immediate returns on your investment. Inside, three out of the four units have been tastefully updated with new flooring, fresh paint, and modernized bathrooms. With new lighting fixtures throughout, these units shine with contemporary charm, attracting quality tenants and maximizing rental income. Step outside and admire the newer installed roof, ensuring durability and peace of mind for years to come. The front porch, crafted from low-maintenance Trex material, adds to the property's curb appeal while reducing maintenance hassles. Plus, the freshly painted exterior gives the building a crisp, inviting look that tenants and locals alike will appreciate. The upgrades don't stop there! A brand-new storage shed provides convenient storage space, while a new boiler and oversized hot water tank ensure efficient operation and lower utility costs. There's more! This property offers additional income potential with a shared basement featuring coin laundry facilities. That's right, sit back and watch as the coin-operated machines generate steady income month after month. Located in a desirable area, this property promises steady rental income and long-term appreciation. Don't miss out on this lucrative investment opportunity – schedule your viewing today!
Details for 515 E GROVE ST
Built in 1890
$116 / Sq Ft
0 parking spaces
Boiler
24 Days on website
0.3 acres lot